Markets › Providence
Yearly benchmarkMoves monthlyMoves weeklyNews daily
Providence RI
Covers Providence and Warwick.
Current market read
Landlord’s market
ConditionTight
The yearly data reads a landlord's market, and the recent monthly signals are tightening further.
From public data. The situation now, not a forecast.
Renter Google searchabout 4,400 searches in July 2026 · HousesSee read →
Renter Google Search InterestGoogle · monthly
About 4,400 searches in July 2026, for Providence on its own
What renters Google mostHousesSee all →Attention, not a verdict. Google searches for apartments to rent.
Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Heating
Tightening lately, asking rents are climbing, as of Aug 2026.
VacancyCENSUS · 2024
Share of rentals sitting empty. Yearly Census backdrop, not what sets the condition.
Asking rentZILLOW · MONTHLY
+4.1%
▲ Year over year
SEP ’24AUG ’26
Census 2024: +5% · US avg +5.2%
Median rentCENSUS · 2024
$1,396/mo
Typical rent, 2024 yearly count
In the news · ProvidenceNEWS · DAILY
Latest local coverage, yesterday.● softer● neutral● firmer
“Taylor Swift Tax” Hits Providence: 350+ Non-Owner Occupied Luxury Properties Get Billed to Fund Low-Income HousingFoulkes targets political “fatigue,” GOP after sweeping gubernatorial primary winIn Rhode Island's Dem primary, DSA challenger unseats Providence mayor who'd vetoed rent controlView all 8 Providence news →Demand vs supplyCENSUS + BLS
Weak demand
DEMAND
Jobs+0.2%
Migration 2025-0.38/1k
SUPPLY
Permits 2025+44.3%
Vacancy 20243.5%
Rent vs buyFREDDIE MAC · WEEKLY
+$2,073/mo
Cheaper to rent than buying
rent $1,396 · own $3,469
$1,396RENT
$3,469OWN
Net migrationCENSUS · 2025
−0.38/1k
▼ Net outflow of residents
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.